Intraday share trading loss

Mohan

Audit Assisstant & Accounts Manager

379 Points Posted on 26 June 2016

Business income.

SSG

1307 Points Posted on 26 June 2016

Loss from speculative business.

manoj

student

4374 Points Posted on 26 June 2016

Loss from Speculative Business

ITR 4

SUSANTA KUMAR PATRA

ARTICLE

33 Points Posted on 26 June 2016

if done through broker and on listed shares then under short term capital loss

Dhaval

Job

579 Points Posted on 27 June 2016

Dear All,

Kindly quote relevant section.

Harshit Kabra (INVESTOR)

Student CA final

930 Points Posted on 27 June 2016

it should be speculative business income/loss and can be carried forwarded for upto 4 assessment years and should be only setoff against speculative business income only , furthere it it a speculative business income/loss as intraday trading is not a single day holding , if u hold such scrip/securities for atleast 1 day then it will be form part of STCG @ 15% ,otherwise it is treated as speculative business income/loss and should file return under ITR4

Hope u understood clearly.

regards

aakash.lodha

Arcticle student

26 Points Posted on 28 June 2016

whether u had purchased shares in delivery form than it is STCG otherwise it is speculative in nature

Pankaj Goel

In Service

34 Points Posted on 01 July 2016

which return would be relevant if i had made intra day transactions and also have stcg apart from being a salaried employee? plz guide about tax audit compliances also